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BlackRock High Yield Bond Portfolio
mutual fund
BHYIX
Dividend policy
Active
Price as of:
$7.81
+0.01
+0%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.81
+0.01
+0%
primary theme
High Yield Bond
BHYIX - Snapshot
Vitals
- YTD Return 0.3%
- 3 Yr Annualized Return 5.8%
- 5 Yr Annualized Return 7.9%
- Net Assets $27.7 B
- Holdings in Top 10 10.7%
52 WEEK LOW AND HIGH
$7.80
$5.97
$7.81
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.60%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 102.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000,000
- IRA N/A
Fund Classification
- Primary Theme High Yield Bond
- Fund Type Open End Mutual Fund
- Investment Style High Yield Bond
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$5.98
0.00%
$28.52 B
4.62%
$0.28
blocked
blocked
blocked
0.00%
-
$7.81
+0.13%
$27.69 B
5.10%
$0.40
blocked
blocked
blocked
0.26%
-
$10.26
+0.20%
$17.91 B
5.77%
$0.59
blocked
blocked
blocked
1.18%
-
$5.63
0.00%
$12.60 B
4.69%
$0.26
blocked
blocked
blocked
0.54%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$87.52
+0.18%
$25.72 B
4.88%
$4.26
blocked
blocked
blocked
0.19%
-
$109.25
+0.25%
$12.49 B
5.11%
$5.57
blocked
blocked
blocked
0.22%
-
$50.23
+0.20%
$7.47 B
5.22%
$2.62
blocked
blocked
blocked
0.26%
-
$45.53
+0.13%
$5.75 B
5.07%
$2.30
blocked
blocked
blocked
0.29%
-
$32.44
+0.53%
$4.08 B
4.64%
$1.50
blocked
blocked
blocked
0.62%
-
BHYIX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return 5.8%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock High Yield Bond Portfolio
-
Fund Family NameBlackRock
-
Inception DateNov 19, 1998
-
Shares Outstanding1711295920
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
Fund Description
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
BHYIX - Performance
Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -1.0% | 4.2% | 68.02% |
| 1 Yr | 5.8% | -45.8% | 14.9% | 37.47% |
| 3 Yr | 5.8%* | -15.9% | 10.1% | 18.22% |
| 5 Yr | 7.9%* | -6.7% | 12.6% | 19.42% |
| 10 Yr | 6.7%* | 1.3% | 9.7% | 9.86% |
* Annualized
Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -46.8% | 399.1% | 43.64% |
| 2019 | 8.8% | -10.3% | 226.1% | 27.23% |
| 2018 | N/A | -18.4% | -0.2% | N/A |
| 2017 | N/A | -9.5% | 18.8% | N/A |
| 2016 | N/A | -9.1% | 28.6% | N/A |
Total Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -1.0% | 4.2% | 68.16% |
| 1 Yr | 5.8% | -45.8% | 14.9% | 30.11% |
| 3 Yr | 5.8%* | -15.9% | 10.1% | 16.83% |
| 5 Yr | 7.9%* | -6.7% | 12.6% | 18.36% |
| 10 Yr | 6.7%* | 1.3% | 9.7% | 9.26% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -46.8% | 399.1% | 43.64% |
| 2019 | 8.8% | -8.1% | 23.9% | 30.12% |
| 2018 | N/A | -18.4% | 1.3% | N/A |
| 2017 | N/A | -8.5% | 18.8% | N/A |
| 2016 | N/A | -9.1% | 39.0% | N/A |
NAV & Total Return History
BHYIX - Holdings
Concentration Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 27.7 B | 3.56 M | 28.5 B | 0.41% |
| Number of Holdings | 1636 | 3 | 2239 | 1.08% |
| Net Assets in Top 10 | 2.99 B | -492 M | 2.99 B | 0.13% |
| Weighting of Top 10 | 10.74% | 2.7% | 100.0% | 58.53% |
Top 10 Holdings
- iShares Preferred&Income Securities ETF 1.99%
- iShares iBoxx $ High Yield Corp Bd ETF 1.90%
- SPDR® Blmbg Barclays High Yield Bd ETF 1.42%
- TransDigm, Inc. 6.25% 1.29%
- BlackRock Liquidity T-Fund Instl 1.16%
- iShares Broad USD High Yield Corp Bd ETF 0.72%
- Xtrackers USD High Yield Corp Bd ETF 0.68%
- Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62% 0.54%
- Solera, LLC / Solera Finance, Inc. 10.5% 0.53%
- Connect Finco SARL/Connect US Finco LLC 6.75% 0.53%
Asset Allocation
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Bonds | 93.17% | 6.16% | 145.56% | 47.78% |
| Convertible Bonds | 2.41% | 0.00% | 18.92% | 39.43% |
| Preferred Stocks | 1.88% | 0.00% | 13.47% | 6.46% |
| Cash | 1.24% | -48.94% | 75.30% | 76.85% |
| Stocks | 1.16% | -28.46% | 30.63% | 21.94% |
| Other | 0.14% | -50.78% | 52.10% | 15.21% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Basic Materials | 31.27% | 0.00% | 100.00% | 3.56% |
| Real Estate | 30.37% | 0.00% | 100.00% | 2.30% |
| Utilities | 12.18% | 0.00% | 99.28% | 17.78% |
| Healthcare | 11.99% | 0.00% | 100.00% | 8.58% |
| Communication Services | 11.30% | 0.00% | 100.00% | 21.76% |
| Industrials | 2.29% | 0.00% | 100.00% | 28.87% |
| Financial Services | 0.41% | 0.00% | 100.00% | 27.62% |
| Consumer Cyclical | 0.14% | 0.00% | 100.00% | 32.85% |
| Energy | 0.04% | 0.00% | 100.00% | 69.87% |
| Technology | 0.01% | 0.00% | 99.99% | 19.67% |
| Consumer Defense | 0.00% | 0.00% | 60.97% | 56.28% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 1.02% | -28.07% | 21.00% | 21.40% |
| Non US | 0.14% | -0.39% | 14.70% | 13.19% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Corporate | 97.72% | 0.00% | 100.00% | 26.42% |
| Cash & Equivalents | 1.80% | 0.00% | 92.44% | 70.89% |
| Securitized | 0.37% | 0.00% | 93.82% | 28.30% |
| Derivative | 0.09% | 0.00% | 39.66% | 16.98% |
| Government | 0.01% | 0.00% | 74.11% | 36.39% |
| Municipal | 0.00% | 0.00% | 13.37% | 55.93% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 79.34% | 0.00% | 125.17% | 50.20% |
| Non US | 13.83% | -26.62% | 97.16% | 41.45% |
BHYIX - Expenses
Operational Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | 20.43% | 86.91% |
| Management Fee | 0.41% | 0.00% | 1.84% | 14.63% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | 26.97% |
Sales Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 102.00% | 0.00% | 349.00% | 85.22% |
BHYIX - Distributions
Dividend Yield Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.96% | 57.18% |
Dividend Distribution Analysis
| BHYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.89% | -2.17% | 10.93% | 14.52% |
Capital Gain Distribution Analysis
| BHYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.033 |
| Jan 31, 2019 | $0.037 |
| Dec 31, 2018 | $0.039 |
| Nov 30, 2018 | $0.038 |
| Oct 31, 2018 | $0.039 |
| Sep 28, 2018 | $0.037 |
| Aug 31, 2018 | $0.037 |
| Jul 31, 2018 | $0.038 |
| Jun 29, 2018 | $0.035 |
| May 31, 2018 | $0.036 |
| Apr 30, 2018 | $0.035 |
| Mar 29, 2018 | $0.035 |
| Feb 28, 2018 | $0.033 |
| Jan 31, 2018 | $0.037 |
BHYIX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
13.01
13.0%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
May 08, 2009
11.66
11.7%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
11.66
11.7%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
6.79
6.8%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 36.38 | 6.59 | 1.5 |
